LeapFrog 2009 Annual Report Download - page 89

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LEAPFROG ENTERPRISES, INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except per share data)
20. Selected Quarterly Financial Information—Unaudited
Unaudited selected financial information by quarter for the years ended December 31, 2009 and 2008 is
presented below.
For 2009 Quarters Ended Full Year
2009March 31 June 30 September 30 December 31
(All quarterly data unaudited)
Net sales ........................... $29,879 $ 49,412 $111,906 $188,637 $379,834
Gross profit ........................ 8,086 18,741 47,787 83,393 158,007
Total operating expenses .............. 34,978 36,969 38,717 55,756 166,420
Income (loss) from operations .......... (26,892) (18,228) 9,070 27,637 (8,413)
Net income (loss) .................... $(27,121) $(12,217) $ 7,218 $ 29,432 $ (2,688)
Net income (loss) per common share:
Basic and Diluted ................ $ (0.43) $ (0.19) $ 0.11 $ 0.47 $ (0.04)
Market price range common stock:
High .......................... $ 3.69 $ 3.33 $ 4.77 $ 4.45 $ 4.77
Low .......................... $ 0.84 $ 1.28 $ 1.91 $ 2.88 $ 0.84
For 2008 Quarters Ended Full Year
2008 (1)March 31 (1) June 30 (1) September 30 (1) December 31 (1)
Net sales ........................... $58,274 $ 68,341 $194,626 $137,818 $459,059
Gross profit ........................ 21,131 26,887 85,326 48,141 181,485
Total operating expenses .............. 49,749 49,243 56,009 86,688 241,689
Income (loss) from operations .......... (28,618) (22,356) 29,317 (38,547) (60,204)
Net income (loss) .................... $(27,431) $(20,764) $ 23,976 $ (44,135) $ (68,354)
Net income (loss) per common share:
Basic .......................... $ (0.43) $ (0.32) $ 0.38 $ (0.70) $ (1.07)
Diluted ........................ $ (0.43) $ (0.32) $ 0.38 $ (0.70) $ (1.07)
Market price range common stock:
High .......................... $ 7.75 $ 9.38 $ 10.63 $ 10.47 $ 10.63
Low .......................... $ 4.95 $ 7.09 $ 7.51 $ 3.14 $ 3.14
(1) Certain amounts have been revised for insignificant errors. Refer to Note 1, “Summary of Significant
Accounting Policies” for additional information.
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